The major variables that should be considered when evaluating proposed changes in creditstandards are all of the following EXCEPT
A) the level of liquid assets.
B) bad debt expenses.
C) the investment in accounts receivable.
D) sales volume.

Question

Quizplus · Accepted Answer

The level of liquid assets is not directly related to evaluating changes in credit standards, which typically focus on bad debt expenses, accounts receivable, and sales volume.

The Major Variables That Should Be Considered When Evaluating Proposed